Programmatic ranking · 2026

Best Australian suburbs to invest in under $1.5M

30 suburbs match this filter today. Average 5-year capital growth across them is 10.5%/yr; average gross yield is 2.3%. The dominant signal right now is population growth — Population inflow is the strongest current signal in this filter — demand is building ahead of supply. Top pick: Woolloongabba (76/100). 10.5%/yr capital growth, population +10.0% (5y).

Last updated: May 2026.

Score legend · 0–40 weak · 40–60 moderate · 60–75 strong · 75+ exceptional. Scores blend growth, yield, demand and infrastructure signals against your strategy. Full methodology →

  1. #1

    Woolloongabba

    10.5%/yr capital growth, population +10.0% (5y).

    5y growth · 10.5%/yr
    76
    Growth🟡 Near capNear rail
    Drivers
    • Capital growth10.5%/yr
    • Population growth+10.0% (5y)
    • Infrastructure pipeline$13.2bn nearby
    • Supply tightening-7.0% YoY
    Risks
    • At top of budget (93% of cap)
    • Thin gross yield (1.6%)

    Nearby construction ·Cross River Rail — Woolloongabba0.0 kmConstruction · 2026

    4102 · BrisbaneCompare investment case
  2. #2

    Spring Hill

    population +10.0% (5y), $4.7bn pipeline incl. Cross River Rail — Roma Street.

    5y growth · 9.2%/yr
    75
    Growth🟢 Under budgetNear rail
    Drivers
    • Population growth+10.0% (5y)
    • Infrastructure pipeline$4.7bn nearby
    • Capital growth9.2%/yr
    • Income growth+20.0% (5y)
    Risks
    • Thin gross yield (1.6%)

    Nearby construction ·Cross River Rail — Roma Street0.9 kmConstruction · 2026

    4000 · BrisbaneCompare investment case
  3. #3

    Footscray

    $5.2bn pipeline incl. West Gate Tunnel, listings tightening 7.0% YoY.

    5y growth · 7.1%/yr
    72
    Growth🟢 Under budgetNear pipeline
    Drivers
    • Infrastructure pipeline$5.2bn nearby
    • Supply tightening-7.0% YoY
    • Income growth+21.0% (5y)
    • Population growth+7.8% (5y)
    Risks
    • Thin gross yield (2.0%)

    Nearby construction ·New Footscray Hospital0.0 kmConstruction · 2026

    3011 · MaribyrnongCompare investment case
  4. #4

    Sunshine

    $9.1bn pipeline incl. Melbourne Airport Rail — Sunshine Hub, listings tightening 6.0% YoY.

    5y growth · 7.5%/yr
    71
    Growth🟢 Under budgetNear rail
    Drivers
    • Infrastructure pipeline$9.1bn nearby
    • Supply tightening-6.0% YoY
    • Population growth+7.8% (5y)
    • Capital growth7.5%/yr
    Risks
    • Thin gross yield (2.1%)

    Nearby construction ·Melbourne Airport Rail — Sunshine Hub0.0 kmApproved · 2033

    3020 · BrimbankCompare investment case
  5. #5

    Spring Hill

    population +10.0% (5y), $5.0bn pipeline incl. Cross River Rail — Roma Street.

    5y growth · 8.2%/yr
    71
    Growth🟡 Near capNear rail
    Drivers
    • Population growth+10.0% (5y)
    • Infrastructure pipeline$5.0bn nearby
    • Capital growth8.2%/yr
    • Income growth+20.0% (5y)
    Risks
    • At top of budget (100% of cap)
    • Thin gross yield (1.4%)

    Nearby construction ·Cross River Rail — Roma Street0.8 kmConstruction · 2026

    4000 · BrisbaneCompare investment case
  6. #6

    South Brisbane

    population +10.0% (5y), 9.4%/yr capital growth.

    5y growth · 9.4%/yr
    71
    Growth🟡 Near capNear rail
    Drivers
    • Population growth+10.0% (5y)
    • Capital growth9.4%/yr
    • Supply tightening-7.0% YoY
    • Infrastructure pipeline$3.8bn nearby
    Risks
    • At top of budget (100% of cap)
    • Thin gross yield (1.6%)

    Nearby construction ·Brisbane Metro1.0 kmConstruction · 2025

    4101 · BrisbaneCompare investment case
  7. #7

    Yarraville

    $10.4bn pipeline incl. West Gate Tunnel, listings tightening 7.0% YoY.

    5y growth · 6.3%/yr
    69
    Growth🟢 Under budgetNear pipeline
    Drivers
    • Infrastructure pipeline$10.4bn nearby
    • Supply tightening-7.0% YoY
    • Income growth+21.0% (5y)
    • Population growth+7.8% (5y)
    Risks
    • Thin gross yield (2.0%)

    Nearby construction ·West Gate Tunnel0.0 kmConstruction · 2025

    3013 · MaribyrnongCompare investment case
  8. #8

    Fortitude Valley

    10.8%/yr capital growth, population +10.0% (5y).

    5y growth · 10.8%/yr
    69
    Growth🟢 Under budgetNear rail
    Drivers
    • Capital growth10.8%/yr
    • Population growth+10.0% (5y)
    • Income growth+20.0% (5y)
    • Supply tightening-6.0% YoY
    Risks
    • Thin gross yield (1.9%)

    Nearby construction ·Cross River Rail — Roma Street1.9 kmConstruction · 2026

    4006 · BrisbaneCompare investment case
  9. #9

    Milton

    population +10.0% (5y), 9.2%/yr capital growth.

    5y growth · 9.2%/yr
    68
    Growth🟡 Near capNear rail
    Drivers
    • Population growth+10.0% (5y)
    • Capital growth9.2%/yr
    • Income growth+20.0% (5y)
    • Supply tightening-6.0% YoY
    Risks
    • At top of budget (100% of cap)
    • Thin gross yield (1.5%)

    Nearby construction ·Cross River Rail — Roma Street1.3 kmConstruction · 2026

    4064 · BrisbaneCompare investment case
  10. #10

    Bracken Ridge

    12.4%/yr capital growth, population +10.0% (5y).

    5y growth · 12.4%/yr
    68
    Growth🟢 Under budget
    Drivers
    • Capital growth12.4%/yr
    • Population growth+10.0% (5y)
    • Supply tightening-8.0% YoY
    • Income growth+19.0% (5y)
    Risks
    • No major construction project in this state

    Closest construction ·Cross River Rail — Roma Street16.5 kmConstruction · 2026

    4017 · BrisbaneCompare investment case

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